LONDON: British Prime Minister Boris Johnson stipulates his ambition on Tuesday for the green revolution he hopes to force countries around the world to kick their addiction to fossil fuels and are committed to zero emissions of carbon.
England at the end of the month accommodating COP26 UN climate talks in Glasgow, Scotland, which aims to strengthen global actions against climate change.
“With the top climate top COP26 just around the corner, our strategy sets an example for other countries to rebuild more green because we lead the charge to Global Net Zero,” Johnson said.
Johnson, who once revealed skeptics about climate change, presented a zero zero 368 page strategy as a document that would place Britain at the forefront of the green economy.
“The British guides the world in a null zero race,” he said in the introduction to ‘clean zero strategy: rebuilding more green’.
“People like China and Russia follow our superiority with their own null zero targets, because the price of plants and green technology becomes a global norm,” he said.
In 2019, England became the first member of the seven major industrial economies to set a net zero emission target for 2050, which would require drastic changes in the way Britons, heat their homes and consume electricity.
The strategy is a series of long-term promises, some with warnings, to shift the fifth largest economy in the world to green technology, including moving to clean electricity and low-carbon heating in English homes.
It aims to secure 440,000 jobs and unlock 90 billion pounds ($ 124 billion) private investment in 2030.
It also aims to help the UK get a competitive advantage in low-carbon technology such as heat pumps, electric vehicles and storage and hydrogen.
The government is targeting fully supported by clean electricity, “subject to supply security”, in 2035.
It aims to have 40 gigawatts (GW) offshore wind power in 2030, and 1 gw offshore wind floating.
At the end of last year, renewable energy accounted for around 40% of total electricity produced in the UK, with wind energy that supplies around 24% of it.
“The strategy must produce a new and attractive form of growth, but investment must be fertilized, and some households, especially low income, will need help,” said Nicholas Stern, climate economist and chairman of Grantham’s research institutions in climate change and the environment.
“Most investments will be carried out by the private sector and it is very important that the types of incentives and risk management are correct resulting through private-public partnerships.” Earlier on Tuesday, Johnson announced nearly 10 billion pounds of private investment in green projects at the peak of investment in London.
The government plans to provide 5 gw hydrogen production capacity in 2030, while cutting its emissions from oil and gas to half.
It wants to send four storage clusters and the use of carbon capture (CCU), capture 20-30 million tons of carbon dioxide (CO2) throughout the economy per year in 2030.
The government also aims to spread at least 5 million tons of CO2 per year the resignation of greenhouse gases Engineering in 2030.
The strategy said the gas price nail is currently underlining the need to stay away from fossil fuels as soon as possible, but the transition must be managed in a way that protects the work, investment, and guarantee of supply security.
In the wholesale market, gas prices, British fuel depends on most of its warming, has increased by more than 250% this year, forcing several energy suppliers from business and increasing consumer energy bills.
Simone Rossi, chief executive EDF in England, who operates the country’s nuclear factory fleet, said: “The increase in gas prices put pressure on people’s energy bills now, so we need to make urgent progress with a proven building, the generation of low-energy energy costs remain stable And the supply is safe.
“Many British nuclear plants already agreed.
Some are disabled earlier than scheduled and the new C Hinkley C factory scheduled will not be online until 2026.
EDF also plans to build a factory in Sizewell in Suffolk with the right investment framework.
The Johnson government said he would secure the final investment decision on large-scale nuclear plants at the end of this parliament.
It will also launch 120 million pounds “Future Nuclear Enabling Fund” for future nuclear technology, including small modular reactors, with a number of potential sites such as Wylfa in North Wales.